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The latest announcement is out from PPK Group Limited ( (AU:PPK) ).
PPK Group Limited announced the launch of two new products by its investee company, PowerPlus Energy, which align with the Australian Government’s Cheaper Home Batteries Program. The Eco4847P and Whispr-7 products have received Clean Energy Council approval, making them eligible for government rebates, and are expected to significantly increase market share in the growing home battery market. Additionally, PowerPlus Energy is developing new products for the utilities and telecommunications sectors in partnership with RFI Technology Solutions, addressing the need to replace aging lead-acid batteries, with successful initial sales and installations.
More about PPK Group Limited
PPK Group Limited is a company involved in various industries with a focus on energy solutions. It holds a 51% stake in PowerPlus Energy Pty Ltd, a significant revenue-generating business within its portfolio. PowerPlus Energy specializes in energy storage systems, particularly in the residential and small-scale commercial sectors.
YTD Price Performance: 22.86%
Average Trading Volume: 73,165
Technical Sentiment Signal: Hold
Current Market Cap: A$38.85M
For a thorough assessment of PPK stock, go to TipRanks’ Stock Analysis page.